Commercial bank money is likely to become fully digital in the future, alongside central bank money, according to Fabio Panetta, the governor of Italy’s central bank, Banca d’Italia. Panetta made the remarks on Wednesday while addressing the executive committee of Italy’s banking association. According to a report by Reuters, Panetta said both digital commercial bank money and central bank money would continue to anchor the monetary system, while stablecoins would only play a complementary role. He added that the stability of stablecoins ultimately depends on their peg to traditional currencies,…
Tag: Tokenized
RedStone acquires Security Token Market to accelerate tokenized asset adoption
RedStone, a prominent oracle provider that secures over $6 billion in onchain value across 110 blockchains, announced Tuesday it has acquired Security Token Market (STM.co), along with its TokenizeThis conference, to expand its US and institutional presence. RedStone co-founder Marcin Kaźmierczak said in a statement that the acquisition of STM could help them meet the growing demands of the onchain economy. It combines STM’s real-world asset (RWA) data and industry presence with RedStone’s oracle infrastructure to support crypto and institutional markets. “We are kicking off 2026, the year of tokenized…
NYSE Develops Tokenized Stocks Platform With 24-Hour Trading
The New York Stock Exchange is developing a new platform to trade tokenized stocks and exchange-traded funds (ETFs), part of a broader effort to modernize market infrastructure using blockchain-based settlement. On Monday, the NYSE and its parent company, the Intercontinental Exchange (ICE), announced the development of a new platform with 24/7 trading and instant settlement, combining the company’s Pillar matching engine with blockchain-based post-trade systems, including multi-chain support for custody and settlement. Subject to regulatory approval, the platform is intended to underpin a new NYSE trading venue for tokenized securities,…
NYSE, ICE develop tokenized securities platform with 24/7 trading and instant settlement
Key Takeaways NYSE announces a platform enabling on-chain settlement and 24/7 trading of tokenized securities. The platform combines NYSE’s Pillar engine with blockchain systems, supporting multiple settlement chains. Share this article The New York Stock Exchange and its parent company, Intercontinental Exchange (ICE), are building a platform to support trading and on-chain settlement of tokenized securities, according to a Monday press release. Pending regulatory approval, the system will allow continuous trading, instant settlement, and stablecoin funding while supporting multiple blockchain networks. Tokenized shareholders will receive dividends and governance rights like…
Custody giant State Street to roll out new tokenized deposits and stablecoins
Key Takeaways State Street is expanding into digital assets with a new suite of tokenized products, including money-market funds, ETFs, tokenized deposits, and stablecoins. The firm has shifted from its traditional back-office roles toward active product development within digital assets. Share this article Major custody bank State Street plans to launch tokenized deposits, stablecoins, money-market funds, and ETFs as it grows its footprint in the digital asset market, Bloomberg reported Thursday. The bank plans to collaborate with institutional clients, money managers such as Franklin Resources and Fidelity, and its own…
Galaxy Digital Closes $75 Million Tokenized CLO on Avalanche
Galaxy Digital has closed its first tokenized collateralized loan obligation (CLO), bringing private credit onto blockchain infrastructure. The deal, known as Galaxy CLO 2025-1, was issued on Avalanche and has financed roughly $75 million in loans so far, according to a Thursday announcement. The transaction is anchored by a $50 million allocation from Grove, an institutional credit protocol within the Sky ecosystem, formerly known as MakerDAO. “By uniting our strengths in debt capital markets, blockchain technology, and asset management, we’re opening a new avenue for institutional engagement in credit markets—one…
$200M Tokenized Water Infrastructure Planned For Southeast Asia
Blockchain infrastructure firm Global Settlement Network has announced a pilot to tokenize water treatment sites in Jakarta, aiming to eventually scale it out to the rest of Southeast Asia over the next 12 months with $200 million in tokenized assets. Real-world asset tokenization involves minting financial and other tangible assets on the blockchain to increase investor accessibility and trading opportunities. The initial pilot targets eight government-contracted water treatment sites in Jakarta for tokenization, aiming to raise up to $35 million for upgrading the facilities and expanding the water network in…
Tokenized Gold Market Surges 177% as RWA Growth Accelerates in 2025
Tokenized gold emerged as one of crypto’s fastest-growing asset classes in 2025, accounting for roughly a quarter of all net growth in real-world assets (RWAs). The market capitalization of tokenized gold jumped 177% over the past year, while the number of holders nearly tripled, with more than 115,000 new wallets added during the year, outpacing most other RWA categories, according to data accumulated by Cex.io. The tokenized gold market added close to $2.8 billion in net value in 2025, expanding from about $1.6 billion to $4.4 billion, per the report.…
BNY Launches Tokenized Bank Deposits for Institutional Clients
BNY, a financial services company that traces its roots back to one of the oldest financial institutions in the United States, launched tokenized bank deposits for its institutional clients on Friday. Tokenized bank deposits are onchain cash balances or depositor claims against a bank. BNY will issue the tokenized bank deposits on an in-house permissioned blockchain network, according to an announcement from the company. The differences between permissioned and permissionless blockchain networks. Source: Cointelegraph The onchain deposits will be used to support collateral and margin requirements, with additional functionality in…
BNY rolls out tokenized deposits to enhance real-time payments and settlement
Key Takeaways BNY Mellon launches tokenized deposit services on its Digital Assets platform, mirroring client deposit balances for real-time transactions. The initial focus is on collateral and margin workflows using a private blockchain while maintaining traditional record-keeping for regulatory purposes. Share this article BNY has initiated the tokenization of deposit balances to support near real-time, on-chain settlement between institutional participants, the company announced Friday. The capability is enabled through tokenized bank deposits. When a client holds cash at BNY, the bank creates a digital version of that deposit on its…